The beta version of CFGI includes the top 40 strongest cryptocurrencies on the market, reducing the risk of investing in tokens that are too speculative or prone to fraud. However, it's essential to follow the previous strategy while ensuring proper risk control.
Extreme Fear signals a good opportunity to enter the market, while Extreme Greed times present an excellent opportunity to exit.įor day trading or scalping, following a shorter timeframe and focusing on a strong recent feeling of greed is possible. For a long-term investment approach, it's advisable to look for extreme feelings to buy and sell. Investing in the crypto market using CFGI involves some effective strategies to consider. The stronger the sentiment, the greater its potential impact on the current price. On the other hand, values below 50 imply a negative market sentiment ranging from Neutral to Extreme Fear. The indicator operates on a simple principle: values above 50 indicate a positive market sentiment ranging from Neutral to Extreme Greed.
